Diodes Inc. (NASDAQ:DIOD) Director John M. Stich sold 5,000 shares of Diodes stock in a transaction dated Wednesday, November 9th. The stock was sold at an average price of $22.00, for a total transaction of $110,000.00. Following the completion of the transaction, the director now directly owns 35,700 shares of the company’s stock, valued at $785,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Diodes Inc. (NASDAQ:DIOD) opened at 22.11 on Tuesday. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 109.46 and a beta of 1.22. The stock has a 50 day moving average of $20.78 and a 200-day moving average of $19.60. Diodes Inc. has a 52 week low of $16.58 and a 52 week high of $25.20.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Wednesday, November 9th. The company reported $0.30 EPS for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.02. The firm had revenue of $250.70 million for the quarter, compared to analysts’ expectations of $250.75 million. Diodes had a net margin of 1.66% and a return on equity of 4.44%. The business’s revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 earnings per share. On average, analysts anticipate that Diodes Inc. will post $0.85 EPS for the current year.

Insider Buying and Selling by Quarter for Diodes (NASDAQ:DIOD)

Several hedge funds and other institutional investors have recently bought and sold shares of the company. California Public Employees Retirement System boosted its position in Diodes by 9.2% in the second quarter. California Public Employees Retirement System now owns 82,700 shares of the company’s stock worth $1,554,000 after buying an additional 7,000 shares during the last quarter. Emerald Acquisition Ltd. acquired a new position in shares of Diodes during the second quarter valued at about $876,000. Swiss National Bank boosted its position in shares of Diodes by 4.8% in the second quarter. Swiss National Bank now owns 67,400 shares of the company’s stock valued at $1,266,000 after buying an additional 3,100 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of Diodes by 0.6% in the second quarter. California State Teachers Retirement System now owns 79,879 shares of the company’s stock valued at $1,501,000 after buying an additional 489 shares during the last quarter. Finally, Bank of Montreal Can acquired a new position in shares of Diodes during the second quarter valued at about $1,458,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Several research analysts have issued reports on DIOD shares. Zacks Investment Research cut shares of Diodes from a “hold” rating to a “sell” rating in a report on Thursday, November 10th. Robert W. Baird reaffirmed an “outperform” rating and issued a $25.00 target price on shares of Diodes in a report on Friday.

Diodes Company Profile

Diodes Incorporated is a global manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company’s products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers.

5 Day Chart for NASDAQ:DIOD

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